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Technology Stocks : TWMC: Trans World Entertainment Is Playing Catchup

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To: agent99 who wrote (69)7/19/1999 12:38:00 PM
From: agent99  Read Replies (1) of 93
 
The Web's Entertainment Center (twec.com) Gains International Distribution Through Partnership with GlobalFulfillment.com

GlobalFulfillment.com Expands twec.com's Product Catalog with the World's
Largest E-store Inventory of International Music and Video Titles
ALBANY, N.Y. and LOS ANGELES, July 19 /PRNewswire/ -- Where the heck is twec? Soon to
be everywhere! The Web's Entertainment Center (www.twec.com) announced today that its
music and movie library will soon be available worldwide through a partnership with
GlobalFulfillment.com, Inc., a leading supplier of global fulfillment solutions for music
and entertainment e-commerce retailers.
twec.com, a subsidiary of Trans World Entertainment Corporation (Nasdaq: TWMC), one of
the nation's largest specialty music and video retail chains, will also expand its
product catalog by adding GlobalFulfillment.com's database of more than 600,000
international music and movie titles - the largest selection of international music and
entertainment titles available on the Internet.
Aligning with record label policies on international distribution, twec.com will buy
its products locally in each country through GlobalFulfillment.com, respecting parallel
import regulations and avoiding customs delays. GlobalFulfillment.com's distribution
centers in Australia, Brazil, Germany, Japan and the U.K. will allow twec.com customers
to enjoy the benefits of local shipping and customer service -- reducing costs and
delivery times.
The first phase roll-out, launched concurrently with the twec.com site re-design
covers the British Isles, the European Union, and Australia with Asia and South America
to follow in coming months. The addition of games to these territories is also planned
for the future.
"As the online arm of one of the largest music retailers in the nation, twec.com's
logical next step is to take advantage of the international reach of the Web," said Bill
Tynan, general manager of e-commerce for Trans World Entertainment.
"GlobalFulfillment.com is helping us to expand our distribution range and product catalog
with its diverse international offerings."
"GlobalFulfillment.com's technology and extensive databases will give twec.com
customers the largest and most diverse selection of entertainment titles available on the
Internet today," said Charlie Gilreath, GlobalFulfillment.com president & CEO. "We are
excited about working with Trans World to expand its customer reach to cover the globe in
both selection and service."
About the Web's Entertainment Center (twec.com)
twec.com is the online hub for Trans World Entertainment's retail stores including
Camelot Music, Coconuts Music & Movies, FYE (For Your Entertainment), Planet Music,
Record Town, Saturday Matinee, Strawberries, Specs, The Wall and Waxie Maxie's. The site
features CDs, cassettes, DVD and VHS home video, and video games. twec.com is home to
Trans World's "On Stage" series featuring live concerts, online chats, in-store artist
appearances, in-studio performances and downloadable entertainment media.
About Trans World Entertainment Corporation
Trans World Entertainment is the leading music retailer in the United States,
operating almost 1,000 retail stores in 44 states, the District of Columbia and Puerto
Rico as well as an e-commerce site, twec.com. Mall locations include Camelot Music,
Record Town, The Wall, Saturday Matinee and F.Y.E. Freestanding locations include
Coconuts Music and Movies, Strawberries Music, Spec's and Planet Music.
About Global Fulfillment
GlobalFulfillment.com (www.globalfulfillment.com) is an international leader of
fulfillment solutions for music and entertainment retailers in the electronic commerce
marketplace. Founded in 1992, Global Fulfillment developed and now maintains the world's
largest database of music, books and related entertainment merchandise, and is the only
international fulfillment operation with distribution centers located in Australia,
Brazil, Germany, Japan, the U.K and the United States. GlobalFulfillment.com enables
conventional entertainment retailers and content providers with the latest interactive
electronic commerce technology to reach and better serve their customers around the
world.
/CONTACT: Nicole Blout for GlobalFulfillment.com, 310-201-8857/8877,
nblout@shandwick.com; or John Sullivan, CFO of Trans World Entertainment, 518-452-1242
ext. 7400, Jsullivan@twec.com/
08:04 EDT
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